Can Middle class American invest in the stock market?
Can middle class American invest at NYSE??? How much it cost to buy a very small stock??? When I read the news it says about the stock that costed like 10 or 50 dollars and after some year it was like a million dollar. I dont really understand the stock market, even less the many number at Wall Street.
Public Comments
- Sure, any american can invest in the stock market. Some stocks are penny stocks from small companies trying to raise capital, costing $0.04 per share, some are more and some less. Stocks from well established companies are in the $30.00 - $85.00 range per share, such as Coca-cola (KOK) and Pepsi (PEP). You can find out more at http://www.nyse.com
- Anyone can invest in the American Stock Market - rich or poor, American or not. You can be bull or a bear, just don't be a pig.
- Yes. Anyone can invest that has some money. BUT. Those stories you read about the person that invested $100 and 40 years later it was worth a million are a 1 in 10 million sort of thing. They never write about the millions who lost thousands doing the same thing. The probability of turning a $100 investment into a million is about 1 in one million or more. Might as well buy a lottery ticket for a $1 and hope to hit the jackpot. The biggest obstacle to doing this is that people who have invested the $100 can not wait to take their profit once they have hit the $500 or $1000 mark. Just seems too good to be true and they do not want to loose it, so they cash out.
- 1) Yes. 2) $0.00 (Zecco) You don't have to understand the stock market. All you have to do is open a brokerage account at Zecco (It's FREE) and invest in the ETF DIA. After a few years $1,000.00 USD will turn to $10,000.00 USD. After a few decades $10,000.00 USD will turn to $100,000.00 USD. If you keep saving a few hundreds of dollars every month you will retire with millions. It's not exactly rocket science.
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